Perfume rice, milk, soap and diapers to increase my general goods store stock

Asare

Dormaa Ahenkro_ghana, Ghana

100% repaid

Entrepreneur

Name

Asare

Member since

July 2016

On-time repayments

164 installments  •  51%

About Me

I hailed from a small village called Nsu-Nia. Even though my parents were peasants, they managed to raise a loan for me and I built a container store. Once I had junior brothers and sisters, there was the need for me to work hard to fend for them and their education as well. My mates who had their parents doing well in their businesses went to the University. With the container store I built, I began selling tin tomatoes, milk, pure water, polythene bags, sugar and some toffees.
Nsu-Hia is a village which is near the virgin forest so most of the men are hunters. Bush meat is common in this community. Most of the natives are peasants. Others grow cash crops, for example cashew nuts, coffee and cocoa. Most of the food crops that they produce are transported to the Dormaa municipality for sale during the general market on Tuesdays. My children have proposed that they want to go to University and, after that, they will be lawyers.

My Business

I sell general goods like tin tomatoes, sugar, soaps - in fact, any item that my customers would request. I make a minimum sales of GHC 300 a day. In some other days, especially market days, my sales are doubled. It is my plan to obtain a new shop so that I can put part of my goods there and employ someone else.

Loan Proposal

I will buy five bags of perfume rice. Each bag is $15; the five will cost $75. With these five bags of rice, I could make a profit of $5 each, making a total profit of $25. I will also buy six boxes of Ideal milk. Each box costs $20, so six will amount to $120. For each milk box, I will make a profit of $5. I will also need seven packets of baby diapers, each pack costing $7. Seven will amount to $49. I will make a profit of $2 on each pack, making a total profit of $14 on diapers. I want to also buy five boxes of bathing soap. One box will be $25, therefore five will amount to $125. Each box of the soap will get me profit of $6, so I will make a profit of $30 on the soap.

Show original English  

About Me

I hailed from a small village called Nsu-Nia. Even though my mum was a peasant farmer and my dad was a teacher and still teaches, managed to raise a loan for me and I built a container store. Since I have junior brothers and sisters, there is the need for me to work hard to fend for them and their education as well. My mates whose parents are rich went to the University. With the container store I built, I began selling tin tomatoes, milk,pure water, polythene bags,sugar and some toffees. Nsu-Hia is a village which is near the virgin forest so most of the men are hunters Bush meat is common in this community. Most of natives are peasant farmers. Others grow cash crops, example cashew nuts, coffee and cocoa..Most of the food crops that they produce are transported to the Dormaa municipality for sale during the general market on Tuesday's. My children have proposed that they want to go to University and after that they will be lawyers.

My Business

I sell general goods like Tin Tomatoes, sugar, soaps. In fact, I have so many different items in stock for sale in my shop. I make a minimum sales of ghc300 a day. In some other days especially market days, My sale is doubled. It is my plan to obtain a new shop so that I can put part of my goods there and employ someone else to assist me in the business. The most fortunate aspect of my business that make it prosperous is that I'm close to the Senior High School in town so petty items they need are all bought from my shop. My dad who is a tutor at the school usually promote me on some few things that students would need and this has helped me a lot in my business.

Loan Proposal

I will buy five bags of perfume rice. Each bag is $15,the five will cost $75.with these five bags of rice,I could make a profit of$5 each making a total profit of $25. I will also buy six boxes of Ideal milk,each box cost $20 so six will amount to $120. For each box I will make a profit of $5. I will also need seven packets of baby diapers each pack costing $7 so seven will amount to $49. I will make a profit of $2 on each pack making a total profit of $14. I want to also buy five boxes of bathing soap. One box will be $25, therefore five will amount to $625. Each box of the soap will get me profit of $6 so I will make a profit of $30.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$334.00

Date disbursed

Mar 23, 2017

Repayment status

On Time

Projected term

52 months

Lenders

T

Tmann

Los Angeles, United States

Dianne

Maryville, United States

C

Cblodgett

Zurich, Switzerland

DuAel

Orvault, France

BelleStarr

Albuquerque, United States

B

Bpryse

Long beach, United States

E

ElmTree

Wadsworth, United States

ErikN

Stockholm, Sweden

Scott

Oregon, United States

johnandmoliehi

Canton, New York, United States

L

Lemon

Switzerland, Switzerland

A

AlexCheng

Seattle, United States

gbnbca

Janeville, Canada

K

KDeath

Dublin, Ireland

dtsuji59

Brampton, Canada

G

Goodwill

Oakland, United States

P

pellm

Ashland, United States

Christopher

Copenhagen, Denmark

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

Atheist4good

United States

L

Leonora

TÄBY, Sweden

JonB

London, United Kingdom

B

BMcDermott

Washington, DC, United States

Evan Lamos

Brussels, Belgium

sderickson

Berkeley, CA, United States

M

martyb

United States

Beth Witten

San Francisco, United States

K

Kudrnova

Czech Republic

D

Donh419

United States

Paul Buchheit

Mountain View, United States

mepster

San Francisco, Ca, United States

Tobsoc

Hannover, Germany

R

RonEddy

United States

B

bscent

Hong Kong

D

Desteli

United States

Otto Barten

Amsterdam, Netherlands

M

me.iulian

Iasi, Romania

T

twm3823

United States

P

pnrjulius

United States

Gab

Singapore

P

PC

United States

W

Wade

United States

JD

Jo Dane

Melbourne, Australia

Jake Badger

Roskilde, Denmark

Lou Kaucic

Sanbornton, NH, United States

E

erica

antwerpen, Belgium

EB

Erica Brescia

United States

Paul

Seattle, United States

George

Corvallis, Oregon, United States

Urszula

United Kingdom

PT

Paul T

Amsterdam, Netherlands

Carla

Amsterdam, Netherlands

Framework Eyewear

Utrecht, Netherlands

Pedro R-C

Cambridge, United States

KR

KJ Roberts

United States

PG

Paul Graham

United States

JR

Jeffrey Rosen

United States

N

Nick

Greater London, United Kingdom

AH

ajay hampapur

United States

Aran Dunlop

United States

Paul Smithson

Leeds, United Kingdom

A

Andrei

United States

Diego

Monza, Italy

Dan Michael

Oslo, Norway

Thomas

Sweden, Sweden

Bill Glover

United States

T

Tom

United States

S

stevensau

United States

K

Katka

St Albans, United Kingdom

K

Kerry

United Kingdom

Remo

Lucerne, Switzerland

I

isaac

United Kingdom

RC

Rudi Chen

United States

KK

karl kerksiek

United States

Angela Linwood

Minneapolis, Minnesota, United States

JA

Jan Andresen

Hamburg, Germany

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Thomas Naimoli

United States

Donald

United States

KL

Karen L Brown

United States

D

Dalton

San Francisco, United States

HCPSPIRIT

Helsinki, Finland

Haroon S

United States

NH

Nancy Hull

United States

NG

Nathan Grey

United States

A

Anonymous

United States

E

ericb321

Republic of Korea

A

Anonymous

United States

K

Katie

United States

EH

Elena H-S

United States

JU

jeremy upsal

United States

LD

Linda Dee

United States

GC

Gabriel Collins

United Kingdom

WC

Walter Clarke

Phoenix, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

BL

Bill Lowery

United States

Mark Rowlatt

Peterborough, UK, United Kingdom

SS

Sam Smith

United States

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